Reddit (RDDT) is trading up at $157.73 (+1.67%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Communication Services sector.
| FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $666.7M | $804.0M | $1.30B | $2.20B |
| Growth (year over year) | — | +20.6% | +61.7% | +69.4% |
| Gross profit | $561.9M | $693.0M | $1.18B | $2.01B |
| Gross margin | 84.3% | 86.2% | 90.5% | 91.2% |
| Operating income | −$172.2M | −$140.2M | −$560.6M | $442.0M |
| Operating margin | −25.8% | −17.4% | −43.1% | 20.1% |
| Net income | −$158.6M | −$90.8M | −$484.3M | $529.7M |
| Net margin | −23.8% | −11.3% | −37.2% | 24.1% |
| EPS (diluted) | −$2.77 | −$1.54 | −$3.33 | $2.62 |
| Balance sheet | ||||
| Cash and equivalents | $435.8M | $401.2M | $562.1M | $953.6M |
| Total assets | — | $1.60B | $2.34B | $3.24B |
| Total liabilities | — | $155.9M | $205.8M | $310.1M |
| Shareholders' equity | −$379.1M | −$412.9M | $2.13B | $2.93B |
| Cash flow | ||||
| Operating cash flow | −$94.0M | −$75.1M | $222.1M | $690.9M |
| Capital expenditure | $6.23M | $9.72M | $6.25M | $6.71M |
| Free cash flow | −$100.3M | −$84.8M | $215.8M | $684.2M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $348.4M | $427.7M | $392.4M | $499.6M | $584.9M | $725.6M | $663.4M | $804.9M |
| Growth (year over year) | +67.9% | +71.3% | +61.5% | +77.7% | +67.9% | +69.7% | +69.1% | +61.1% |
| Gross profit | $313.7M | $395.9M | $355.3M | $453.7M | $532.4M | $666.9M | $607.1M | $734.6M |
| Gross margin | 90.1% | 92.6% | 90.5% | 90.8% | 91.0% | 91.9% | 91.5% | 91.3% |
| Operating income | $6.85M | $52.9M | $3.90M | $67.7M | $138.5M | $231.8M | $182.9M | $231.7M |
| Operating margin | 2.0% | 12.4% | 1.0% | 13.6% | 23.7% | 31.9% | 27.6% | 28.8% |
| Net income | $29.9M | $71.0M | $26.2M | $89.3M | $162.7M | $251.6M | $204.0M | $252.8M |
| Net margin | 8.6% | 16.6% | 6.7% | 17.9% | 27.8% | 34.7% | 30.7% | 31.4% |
| EPS (diluted) | $0.16 | $4.76 | $0.13 | $0.45 | $0.80 | $1.24 | $1.01 | $1.25 |
| Balance sheet | ||||||||
| Cash and equivalents | $515.9M | $562.1M | $635.7M | $734.1M | $911.7M | $953.6M | $1.37B | $1.49B |
| Total assets | $2.17B | $2.34B | $2.44B | $2.63B | $2.88B | $3.24B | $3.48B | $3.64B |
| Total liabilities | $194.1M | $205.8M | $219.9M | $245.2M | $265.7M | $310.1M | $304.6M | $350.9M |
| Shareholders' equity | $1.98B | $2.13B | $2.22B | $2.39B | $2.61B | $2.93B | $3.18B | $3.29B |
| Cash flow | ||||||||
| Operating cash flow | $71.6M | $90.0M | $127.6M | $111.3M | $185.2M | $266.8M | $312.3M | $261.9M |
| Capital expenditure | $1.35M | $842.0K | $979.0K | $505.0K | $2.06M | $3.16M | $1.09M | $1.13M |
| Free cash flow | $70.3M | $89.2M | $126.6M | $110.8M | $183.1M | $263.6M | $311.2M | $260.7M |
| Share buybacks | — | — | $0 | $0 | — | — | $5.00M | $234.6M |
From Reddit's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Reddit's latest reported figures next to the median of the other 20 S&P 500 Communication Services companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | Communication Services (20 other S&P 500 companies) | S&P 500 (502 other companies) | |
|---|---|---|---|
| Revenue growth, latest fiscal year | +69.4% | +6.8% | +7.0% |
| Net margin, latest fiscal year | 24.1% | 9.8% | 12.9% |
| Share price change, 1 year | −23.4% | +1.6% | +5.9% |
Reddit: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Reddit included, are the last regular-session prices of October 19, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 19/496, net margin 19/496, 1-year price change 19/490; the reasons below can overlap. 12 are left out of the price figure because our archive holds no comparable close for them. The S&P 500 price figure is the middle company's change, not the index's return.
Reddit is a proprietary American social news website, news aggregator, forum and social media platform. Registered users submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "subreddits". Submissions with more upvotes appear towards the top of their subreddit and, if they receive enough upvotes, ultimately on the site's front page. Reddit administrators moderate the communities. Moderation is also conducted by subreddit-specific moderators, who are unpaid volunteers. It is operated by Reddit, Inc., based in San Francisco.
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